Which returned more over the last year, IYG or KBE?

In the year to Oct 28, 2026, with distributions reinvested, IYG returned +7.0% and KBE +16.9%.

Which is cheaper, IYG or KBE?

KBE is cheaper, by 0.02 percentage points a year. That is about $2 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do IYG and KBE overlap with the S&P 500?

By their latest filed holdings, 93% of IYG and 16% of KBE by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

IYG vs KBE: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IYG returned +7.0% to KBE's +16.9%; 14% of their weight is in the same names.

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Net assets on Oct 27, 2026: $2.2bn for iShares U.S. Financial Services ETF and $1.5bn for State Street SPDR S&P Bank ETF.

IYG on its own →KBE on its own →

At a glance

+7.0%

IYG total return, 1 year

+16.9%

KBE total return, 1 year

0.37%

IYG expense ratio

0.35%

KBE expense ratio

Pair scorecard

KBE costs 0.02 points a year less; their one-year returns differ by 9.9 points; IYG is 1.5 times larger.

IYG vs KBE: Differences, Returns & Fees
Measure	IYG	KBE
Return
Measure	IYG	KBE
Total return, 1 year	+7.0%	+16.9%
Drawdown
Measure	IYG	KBE
Below its high	4.5%, high on Sep 3, 2026	7.9%, high on Aug 14, 2026
Benchmark
Measure	IYG	KBE
What it tracks	Dow Jones U.S. Financial Services Index	S&P Banks Select Industry Index
Cost and size
Measure	IYG	KBE
Expense ratio	0.37%	0.35%
Net assets, as of Oct 27, 2026	$2.2bn	$1.5bn
Holdings
Measure	IYG	KBE
Holdings in common	14%
Top ten holdings, share of the fund	63.9%	10.2%

Holdings in common uses holdings dated Oct 27, 2026. Method

Risk and return

Nov 25, 2005 to Oct 23, 2026 · 1,091 weekly returns

IYG KBE

Return

Total return edge IYG +235.3% +105.5%

Annualized edge IYG +5.9% +3.5%

Price return edge IYG +139.2% +24.6%

Risk

Volatility edge IYG 28.4% 32.8%

Max drawdown edge Tie −81.8% −83.1%

Risk-adjusted

Sharpe edge IYG 0.28 0.21

Sortino edge IYG 0.41 0.32

Calmar edge IYG 0.07 0.04

Reading

IYG returned more: +235.3% to +105.5%. IYG swung less: 28.4% to 32.8%. IYG and KBE fell about the same at their worst: −81.8% and −83.1%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: IYG vs KBE: Differences, Returns & Fees
Measure	IYG	KBE	Edge	How it is measured
Return
Total return	+235.3%	+105.5%	IYG	Price change plus distributions, reinvested.
Annualized	+5.9%	+3.5%	IYG	Total return as a yearly rate.
Price return	+139.2%	+24.6%	IYG	Price change alone, distributions left out.
Risk
Volatility	28.4%	32.8%	IYG	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	19.4%	22.1%	IYG	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−81.8%	−83.1%	Tie	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.28	0.21	IYG	Return above Treasury bills per unit of volatility.
Sortino	0.41	0.32	IYG	Return above Treasury bills per unit of downside deviation.
Calmar	0.07	0.04	IYG	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 1,091 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

14%

By the books each fund has filed, IYG and KBE hold 14% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

14% in common

Positions both hold · largest shared weight first IYG KBE

US BANCORP 1.32% 0.92%

JPMORGAN CHASE & CO 12.62% 0.90%

PNC FINANCIAL SERVICES GROUP 1.28% 0.90%

WELLS FARGO 3.54% 0.88%

BANK OF NEW YORK MELLON CORP 1.42% 0.87%

CITIGROUP 2.91% 0.85%

TRUIST FINANCIAL 0.84% 0.92%

BANK OF AMERICA 4.66% 0.77%

APOLLO GLOBAL MANAGEMENT 0.76% 0.83%

FIFTH THIRD BANCORP 0.69% 0.94%

HUNTINGTON BANCSHARES INC 0.45% 0.90%

M&T BANK 0.45% 0.89%

Only in one fund ↓

Only in IYG

BERKSHIRE HATHAWAY INC CLASS B 14.30%

VISA CLASS A 9.69%

MASTERCARD CLASS A 6.97%

GOLDMAN SACHS GROUP 3.76%

MORGAN STANLEY 3.16%

AMERICAN EXPRESS 2.33%

BLACKROCK 2.31%

CHARLES SCHWAB 2.05%

Only in KBE

CUSTOMERS BANCORP INC 1.06%

CENTRAL BANCOMPANY 1.03%

CATHAY GENERAL BANCORP 1.01%

UNITED COMMUNITY BANKS 1.00%

COLUMBIA BANKING SYSTEM INC 0.99%

EASTERN BANKSHARES INC 0.99%

TEXAS CAPITAL BANCSHARES INC 0.99%

N B T BANCORP INC 0.99%

Check overlap with more funds →

Side by side

IYG iShares U.S. Financial Services ETF KBE State Street SPDR S&P Bank ETF

Where it sits Stock ETF Stock ETF

Issuer iShares State Street

What it is Tracks an index Tracks an index

Total return, 1 year +7.0% +16.9%

Expense ratio 0.37% 0.35%

Already in the S&P 500 93.2% 15.5%

Holdings 98 107

Net assets, as of Oct 27, 2026 $2.2bn $1.5bn

IYG and KBE on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-22A7AE2061

IYG and KBE are built for the same job. How do they differ in cost, holdings and results?

What each follows. IYG follows Dow Jones U.S. Financial Services Index and KBE follows S&P Banks Select Industry Index.
Holdings in common. 14% of the weight is in the same securities (holdings dated Oct 27, 2026).
One-year total return. Over 1 year to Oct 28, 2026 IYG returned +7.0% and KBE +16.9% with distributions reinvested, a gap of 9.9 points.

Data as of Oct 28, 2026.

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About each fund

IYG

IYG tracks an index. Over the year to Oct 28, 2026 it returned +7.0% with distributions reinvested. The prospectus expense ratio is 0.37% a year. By its holdings published by its issuer for Oct 27, 2026, 93% of the fund by weight is stocks the S&P 500 also holds, across 98 positions, with the top ten at 63.9%. It sat 4.5% below its high of Sep 3, 2026 on Oct 28, 2026.

KBE

KBE tracks an index. Over the year to Oct 28, 2026 it returned +16.9% with distributions reinvested. The prospectus expense ratio is 0.35% a year. By its holdings published by its issuer for Oct 27, 2026, 16% of the fund by weight is stocks the S&P 500 also holds, across 107 positions, with the top ten at 10.2%. It sat 7.9% below its high of Aug 14, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, IYG or KBE?: In the year to Oct 28, 2026, with distributions reinvested, IYG returned +7.0% and KBE +16.9%.
Which is cheaper, IYG or KBE?: KBE is cheaper, by 0.02 percentage points a year. That is about $2 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do IYG and KBE overlap with the S&P 500?: By their latest filed holdings, 93% of IYG and 16% of KBE by weight is stocks the S&P 500 already holds.

Other comparisons

FNCL vs IYG IYG vs KRE IYG vs KBWB IYG vs VFH FNCL vs KBE KBE vs KRE KBE vs KBWB KBE vs VFH

Where to next

IYG on its own →KBE on its own →Hold both: look the portfolio through →Rankings →IYG dividend history →IYG holdings →KBE dividend history →KBE holdings →Standards and sources →

Sources and dates

IYG filings on SEC EDGAR ↗

IYG prospectus with the expense ratio (SEC) ↗

iShares page for IYG ↗

KBE filings on SEC EDGAR ↗

KBE prospectus with the expense ratio (SEC) ↗

State Street website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, IYG against KBE, data as of Oct 28, 2026. https://etfiq.com/compare/any/iyg-vs-kbe

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.